Croatia Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2029 (H2 2025)
Description
Croatia Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2029 (H2 2025)
Summary
The construction industry in Croatia is estimated to grow in real terms by 4.8% in 2025 and 2.5% in 2026. supported by the government’s investment in renewable energy and transport infrastructure projects, coupled with an increase in new construction orders. According to the Croatian Bureau of Statistics (CBS), the construction industry’s value-add grew by 7.1% year-on-year (YoY) in Q2 2025, preceded by YoY growth rates of 7.6% in Q1 2025 and 13% in Q4 2024. The average volume index for construction production grew by 8.4% YoY in the first eight months of 2025. In terms of segmentation, the construction production volume index grew by 10.9% YoY for building works and 3.2% YoY for other building works, during the same period.
The Croatian construction industry is expected to grow at an annual average rate of 2.2% in real terms from 2026 to 2029, supported by public and private sector investments in transport infrastructure, and liquefied natural gas (LNG) infrastructure projects coupled with investments in energy infrastructure to support its long-term energy targets. 2030 National Energy and Climate Plan, which targets an increase in the share of renewable energy in total energy consumption from 28.5% in 2022 to 36.4% by 2030. To support this, the government's initiative to develop several national infrastructure and energy projects using European Union (EU) recovery funds is also anticipated to boost the construction industry's output throughout the forecast period. In July 2025, the European Investment Bank (EIB) granted a EUR150 million ($163.4 million) loan to the Croatian Bank for Reconstruction and Development (HBOR) to support green and other projects for Croatian companies, including mid-caps and public entities. This loan is the first part of a larger EUR350 million ($381.4 million) financing agreement aimed at expanding access to funding, with at least 30% dedicated to green investments in renewable energy, energy efficiency, sustainable construction, and clean transport.
GlobalData’s Construction in Croatia - Country Briefing (H2 2025) report provides detailed market analysis, information, and insights into Croatia’s construction industry, including -
This report provides a comprehensive analysis of the construction industry in Croatia. It provides -
Summary
The construction industry in Croatia is estimated to grow in real terms by 4.8% in 2025 and 2.5% in 2026. supported by the government’s investment in renewable energy and transport infrastructure projects, coupled with an increase in new construction orders. According to the Croatian Bureau of Statistics (CBS), the construction industry’s value-add grew by 7.1% year-on-year (YoY) in Q2 2025, preceded by YoY growth rates of 7.6% in Q1 2025 and 13% in Q4 2024. The average volume index for construction production grew by 8.4% YoY in the first eight months of 2025. In terms of segmentation, the construction production volume index grew by 10.9% YoY for building works and 3.2% YoY for other building works, during the same period.
The Croatian construction industry is expected to grow at an annual average rate of 2.2% in real terms from 2026 to 2029, supported by public and private sector investments in transport infrastructure, and liquefied natural gas (LNG) infrastructure projects coupled with investments in energy infrastructure to support its long-term energy targets. 2030 National Energy and Climate Plan, which targets an increase in the share of renewable energy in total energy consumption from 28.5% in 2022 to 36.4% by 2030. To support this, the government's initiative to develop several national infrastructure and energy projects using European Union (EU) recovery funds is also anticipated to boost the construction industry's output throughout the forecast period. In July 2025, the European Investment Bank (EIB) granted a EUR150 million ($163.4 million) loan to the Croatian Bank for Reconstruction and Development (HBOR) to support green and other projects for Croatian companies, including mid-caps and public entities. This loan is the first part of a larger EUR350 million ($381.4 million) financing agreement aimed at expanding access to funding, with at least 30% dedicated to green investments in renewable energy, energy efficiency, sustainable construction, and clean transport.
GlobalData’s Construction in Croatia - Country Briefing (H2 2025) report provides detailed market analysis, information, and insights into Croatia’s construction industry, including -
- Croatia’s construction industry's growth prospects by market, project type and construction activity
- Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in Croatia’s construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
This report provides a comprehensive analysis of the construction industry in Croatia. It provides -
- Historical (2020-2024) and forecast (2025-2029) valuations of the construction industry in Croatia, featuring details of key growth drivers.
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
- Listings of major projects, in addition to details of leading contractors and consultants
- Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies
- Assess market growth potential at a micro-level with over 600 time-series data forecasts
- Understand the latest industry and market trends
- Formulate and validate business strategies using GlobalData's critical and actionable insight
- Assess business risks, including cost, regulatory and competitive pressures
- Evaluate competitive risk and success factors
Table of Contents
29 Pages
- 1 Executive Summary
- 2 Construction Industry: At-a-Glance
- 3 Latest news and developments
- 4 Project analytics
- 5 Construction Market Data
- 6 Risk Profile
- 7 Appendix
- 7.1 Definitions
- 7.2 CRI Methodology
- 7.3 About GlobalData
- 8 Contact Us
- List of Tables
- Table 1: Construction Industry Key Data
- Table 2: Croatia, Top Construction Projects by Value
- Table 3: Croatia, Construction Output Value (Real, $ Million)
- Table 4: Croatia, Construction Output Value (Nominal, EUR Million)
- Table 5: GlobalData Construction Market Definitions
- Table 6: Risk Dimensions
- Table 7: Ratings, Scores and Definitions
- List of Figures Figure 1: Croatia, Construction Output Value (Real, $ Million, 2022 Prices and Exchange Rate), 2020–29
- Figure 2: Croatia, Construction Output Value, by Sector (Real, $ Million), 2020–29
- Figure 3: Eastern Europe, Construction Output (Real % Change), 2023–29
- Figure 4: Croatia, Construction Output by Sector (Real % Change), 2023–25 and 2026–29
- Figure 5: Croatia, Construction Value-add (EUR Million, 2021 Chained Linked Prices)
- Figure 6: Croatia, Construction Production Volume Index, Seasonally Adjusted (2021 = 100)
- Figure 7: Croatia, Value of New Construction Orders Index (% Change, YoY)
- Figure 8: Croatia, Total Number of Construction Permits Issued
- Figure 9: Croatia, Construction Producer Price Index for New Residential Buildings, 2021=100
- Figure 10: Croatia, Number of People Employed in the Construction Industry, In Thousands
- Figure 11: Croatia, Labor Cost Index (2020=100)
- Figure 12: Croatia, Total Dwellings Building Permits Issued (Number)
- Figure 13: Croatia, House Price Index (2015=100)
- Figure 14: Croatia, Real estate Value-add (EUR Million, 2021 Chained Linked Prices)
- Figure 15: Croatia, Total Number of Commercial Construction Permits Issued
- Figure 16: Croatia, Total Number of Institutional Construction Permits Issued
- Figure 17: Croatia, Total Export ($ Million)
- Figure 18: Croatia, Information and Communication Value-add (EUR Million, 2021 Chained Linked Prices)
- Figure 19: Croatia, Industrial and Manufacturing Production Indices, 2021=100, Seasonally and Calendar Adjusted
- Figure 20: Croatia, Retail Trade Volume Turnover Index (2021=100)
- Figure 21: Croatia, Total Foreign Visitors Arrivals, In Thousands
- Figure 22: Croatia, Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 23: Croatia, Risk Summary
- Figure 24: Croatia, Risk Regional Comparison
Search Inside Report
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
